Corporation Bank Home Loan in Mumbai
Last Updated : May 5, 2018, 12:16 p.m.
About Corporation Home Loan in Mumbai
Mumbai- ‘The City of Dreams’ is an amazing place to settle down since there are immense opportunities for each segment of people. If you have plans to buy your dream home in Mumbai, Corporation Bank is here to help you. The interest rates offered by the bank are one of the lowest interest rates on this loan and there is also the option of a longer tenure which results in low EMI. You can apply now for a home loan at your nearest Corporation Bank branch in Mumbai and get instant approval. So, check eligibility now and the documentation needed to apply for this loan. Read below the home loan details, eligibility criteria and Mumbai branch details to start the procedure.
Corporation Bank Home Loan Mumbai at a Glance
Particulars | Details |
---|---|
Interest Rate | 8.60% - 11.20% |
Loan amount | For Metro Cities - ₹ 500 lakh Port Town(Other than Metro) and Urban Cities- ₹100 lakhs Semi Urban Cities-₹50 lakh Rural Cities -₹ 35 lakhs |
Tenure | 30 years |
Processing Fee | Corp Home-0.50% of loan amount, maximum of ₹ 50,000 Corp Ghar Shobha-0.50% of loan amount subject to a minimum of ₹ 10,000/- |
Prepayment Charges | NIL |
Eligibility Criteria
The eligibility criteria to apply for a home loan or housing loan at Corporation Bank is as follows:
- Age of the applicant must be between 18 to 65 years with an independent and regular source of income.
Documents Required
The documents checklist that an applicant must have at the time of applying for a home loan at Corporation Bank is as follows:
- Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card
- Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID
- Income Proof-Latest Salary Slips & Form 16 for Salaried
- Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years
- Bank Account Statement for the Last 6 Months
- Track record of existing loans, if any
- Details of property you look to buy & construct
For more information, read Home Loan Mumbai
Corporation Bank Branches in Mumbai
The branch address, IFSC Code, MICR Code and customer care details of Corporation Bank branches located in Mumbai are mentioned in the table below:
Branch Name | Complete Address | IFSC | MICR | Contact Number |
---|---|---|---|---|
Fort Mumbai | Veena Chambers, 21, Dalal Street , Fort, Mumbai 400023 | CORP0000024 | 400017008 | 022-22651744 |
Mandvi | Katha Bazar, Mandvi, Mumbai - 400009 | CORP0000038 | 400017015 | 022-23441417 |
Shivajipark | Barkha Cinema Bldg, Manmala Tank Road, Mahim, Mumbai - 400016 | CORP0000057 | 400017018 | 022-24318918, 24308510 |
Kalbadevi | New Hanuman Galli, Kalbadevi, Mumbai - 400002 | CORP0000058 | 400017011 | 022-22063567 |
Wadala | Laxmi Nivas, Katrak Raod, Wadala, Mumbai - 400031 | CORP0000106 | 400017020 | 022-24166792 |
Versova | Jayaprakash Road, Andheri [West], Mumbai - 400053 | CORP0000114 | 400017019 | 400017019 |
Mumbai - Central | 24, Maratha Mandir Marg, Mumbai Central - 400008 | CORP0000115 | 400017010 | 022-23006970, 23087517 |
Bandra | Baitul Sharaf, 105, Hill Road, P.B. No 16658, Bandra West, Mumbai - 400050 | CORP0000120 | 400017003 | 022-26550182, 262597689 |
Mulund | P K Road, Mulund[West], Mumbai - 400080 | CORP0000140 | 400017016 | 022-25923555 |
AR Street | 48/50, Abdul Rehman Street, Mumbai - 400003 | CORP0000163 | 400017002 | 022-23439147, 23446710 |
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